So, basically the Dimms made these crooks in these statehouses take the extra step of laundering this money first before handing it to their union overlords.
Posted on 03/30/2021 1:34:23 PM PDT by NohSpinZone
Democrats stipulated in their $1.9 trillion spending bill that none of the $350 billion going to states and localities could be “deposited into a public pension fund.” That always looked like a trick, and Vermont is the first state to prove the point.
Vermont’s Democratic Legislature broke the code when it dared to propose pension reforms while the state is flush with federal bailout money. Vermont’s pension funds are 35% to 50% underfunded, and rising payments are squeezing government services.
(Excerpt) Read more at wsj.com ...
So, basically the Dimms made these crooks in these statehouses take the extra step of laundering this money first before handing it to their union overlords.
The Word of the Day is “fungible.”
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